Capital Power Corp (TSE:CPX) had its price target hoisted by equities researchers at National Bank Financial from C$32.00 to C$33.00 in a report issued on Wednesday, August 2nd. The firm currently has an “outperform” rating on the stock. National Bank Financial’s price objective would indicate a potential upside of 30.49% from the stock’s current price. National Bank Financial also issued estimates for Capital Power Corp’s FY2017 earnings at $1.39 EPS and FY2018 earnings at $1.63 EPS.
A number of other equities research analysts have also recently weighed in on CPX. BMO Capital Markets boosted their price objective on Capital Power Corp from C$26.00 to C$28.00 and gave the company an “outperform” rating in a research note on Tuesday, April 25th. TD Securities boosted their price objective on Capital Power Corp from C$25.00 to C$26.00 and gave the company a “hold” rating in a research note on Tuesday, April 25th. Scotiabank reissued a “sector perform” rating and issued a C$26.00 target price on shares of Capital Power Corp in a report on Tuesday, April 25th. Finally, Raymond James Financial, Inc. boosted their target price on Capital Power Corp from C$28.00 to C$30.00 and gave the company an “outperform” rating in a report on Tuesday, May 2nd. Four investment analysts have rated the stock with a hold rating and four have issued a buy rating to the company’s stock. Capital Power Corp currently has an average rating of “Buy” and a consensus price target of C$27.31.
Capital Power Corp (TSE:CPX) traded down 0.35% during mid-day trading on Wednesday, hitting $25.29. 181,640 shares of the company’s stock traded hands. The stock has a market cap of $2.63 billion and a PE ratio of 10.93. Capital Power Corp has a one year low of $19.90 and a one year high of $26.43. The firm’s 50-day moving average price is $24.65 and its 200-day moving average price is $25.10.
Capital Power Corp (TSE:CPX) last posted its earnings results on Wednesday, July 26th. The company reported $0.27 earnings per share for the quarter, missing the consensus estimate of $0.28 by $0.01. Capital Power Corp had a return on equity of 13.72% and a net margin of 53.23%. The business had revenue of $201 million for the quarter, compared to analysts’ expectations of $244.84 million. On average, analysts forecast that Capital Power Corp will post $1.44 EPS for the current fiscal year.
Capital Power Corp Company Profile
Capital Power Corporation acquires, develops, operates, and optimizes power generation facilities in Canada and the United States. It generates electricity from various energy sources, such as natural gas, coal, landfill gas, wind, solid fuels, and solar. As of February 21, 2017, the company owned approximately 3,200 megawatts of power generation capacity at 18 facilities; and 700 megawatts of owned generation capacity under the advanced stages of development.
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